Corporate Events

Reckitt Benckiser to buy Mead Johnson

Reckitt Benckiser to buy Mead Johnson

Published 10/02/2017

Products produced by Reckitt Benckiser- Vanish, Finish, Dettol and Harpic, are seen in London, Britain February 12, 2008. REUTERS/Stephen Hird/File Photo

Reckitt Benckiser (RB.L) has agreed to buy U.S. infant formula maker Mead Johnson Nutrition (MJN.N) for $16.6 billion, marking its first step into baby formula, it said on Friday.

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China, New Zealand pledge support for free trade to counter global protectionism

China, New Zealand pledge support for free trade to counter global protectionism

Published 10/02/2017

Chinese Foreign Minister Wang Yi speaks during a joint press conference with Iranian Foreign Minister Mohammad Javad Zarif in Beijing, China December 5, 2016. REUTERS/Greg Baker/Pool

New Zealand and China will soon hold a series of high-level meetings and work to promote free trade, the countries' governments said on Friday, amidst growing concerns about U.S. trade protectionism.

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Senate votes to confirm Rep. Price as health secretary

Senate votes to confirm Rep. Price as health secretary

Published 10/02/2017

U.S. Rep. Tom Price (R-GA) listens to opening remarks prior to testifying before a Senate Finance Committee confirmation hearing on his nomination to be Health and Human Services secretary on Capitol Hill in Washington, U.S., January 24, 2017. REUTERS/Carlos Barria

The U.S. Senate voted on Friday to confirm Representative Tom Price as the top U.S. healthcare official, putting a determined opponent of Obamacare in position to help President Donald Trump dismantle the healthcare law.

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Trump backs “one China” policy in call with Xi

Trump backs “one China” policy in call with Xi

Published 10/02/2017

FILE PHOTO - U.S. President-elect Donald Trump listens to questions from reporters while appearing with Alibaba Executive Chairman Jack Ma after their meeting at Trump Tower in New York, U.S., January 9, 2017. REUTERS/Mike Segar/File Photo

U.S. President Donald Trump changed tack and agreed to honor the "one China" policy during a phone call with China's leader, a major diplomatic boost for Beijing which brooks no criticism of its claim to neighboring Taiwan.

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Asian shares scale 1-1/2-year peak on China trade, Trump`s tax cut talk

Asian shares scale 1-1/2-year peak on China trade, Trump`s tax cut talk

Published 10/02/2017

Investors look at an electronic board showing stock information on the first trading day after the New Year holiday at a brokerage house in Shanghai, China, January 3, 2017. REUTERS/Aly Song

Asian shares rallied to an 18-month peak on Friday, as investors cheered upbeat Chinese trade data and strong gains on Wall Street after U.S. President Donald Trump promised to unveil a major tax announcement to lower the burden on businesses.

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Boeing`s $14 billion Singapore Air order does not fill 777, 787 gap: CEO

Boeing`s $14 billion Singapore Air order does not fill 777, 787 gap: CEO

Published 10/02/2017

Dennis Muilenburg, CEO of The Boeing Company, speaks to members of the press at Trump Tower in New York City, U.S. January 17, 2017. REUTERS/Stephanie Keith

Boeing Co (BA.N) must sell more 777 and 787 jetliners to keep production plans on track, despite a $13.8 billion order that landed earlier on Thursday, its chief executive said.

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Boeing eyes more Indian orders with new business unit

Boeing eyes more Indian orders with new business unit

Published 10/02/2017

FILE PHOTO - Boeing's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Boeing Co's (BA.N) new Indian unit will help the company win more business from local customers and mean more employment in the South Asian country, the head of the U.S. defense firm's Indian business said on Friday.

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In setback for Trump, judges reject travel ban

In setback for Trump, judges reject travel ban

Published 10/02/2017

Iranian citizen and U.S green card holder Cyrus Khosravi (L) greets his brother, Hamidreza Khosravi (C), and niece, Dena Khosravi (R), 2, after they were detained for additional screening following their arrival to Seattle-Tacoma International Airport to visit Cyrus, during a pause in U.S. President Donald Trump's travel ban in SeaTac, Washington, U.S. February 6, 2017. REUTERS/David Ryder

President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate his executive order temporarily banning people from seven Muslim-majority countries from entering the United States.

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Ernst & Young`s Indonesia affiliate to pay $1 million to settle `audit failure`

Ernst & Young`s Indonesia affiliate to pay $1 million to settle `audit failure`

Published 10/02/2017

An Indonesian affiliate of global accounting firm Ernst & Young (EY) [ERNY.UL] has agreed to pay a fine of $1 million after the U.S. audit regulator labeled lapses in its checks of a client's books "audit failure".

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